Business

More than 80 state-owned and private enterprises from Vietnam and the US discussed cooperative opportunities at a recent virtual conference as both sides are making preparations for the launch of direct flights between the two countries.

Hanoi has compiled a plan on attracting between 30 and 40 billion USD worth of foreign direct investment (FDI) during the 2021-2025 period, an official has said.

Vietnam ranks 13th worldwide in mango productivity and the country is seeking ways to boost the fruit’s export value.

The Vietnamese railway sector is offering big promotions for passengers during the summer.

After two years of implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the use of the deal to generate benefits for the economy and businesses has remained modest, according to insiders.

Colombia is viewed as a potential market and ranks fifth among the largest Vietnamese export markets in Latin America, with two-way trade turnover increasing from US$42.95 million in 2007 to US$509 million in 2019.

Citigroup – the parent firm of Citibank – has announced that it would withdraw its retail banking division from 13 markets in Asia, Europe, the Middle East, and Africa, including Vietnam.

The US Treasury has removed Vietnam and Switzerland from the list of countries labeled as currency manipulators, reversing a decision of the administration under President Trump last December.

Vingroup is seeking to build an auto and spare parts manufacturing complex, including port infrastructure in the central province of Ha Tinh.

The Covid-19 outbreak that occurred at the first months of this year badly affected over 9.1 million people over 15 years old, the General Statistics Office of Vietnam announced in its Q1 employment report.

The Trungnam Group put into operation a wind power plant in Loi Hai and Bac Phong communes, Thuan Bac district, south-central Ninh Thuan province, on April 16.

The northern province of Quang Ninh has led the ranking of the Provincial Competitive Index for a fourth consecutive year in 2020.

FLC Group, Vietnam’s multi-industrial conglomerates, is planning an initial public offering (IPO) of its airline, Bamboo Airways, in the United States that could raise about US$200 million, Reuters reported.

Authorities in the central city of Danang have listed 17 commercial housing projects which foreign organisations and individuals are allowed to buy homes from.

Vietnam still saw an on-year growth of 11% in shrimp export value last year despite the Covid-19 pandemic. The figure is expected to be higher this year.

The 30th Vietnam International Trade Fair (Vietnam Expo 2021) kicked off at the Hanoi International Exhibition Centre.

Many people in HCM City are reluctant to find new jobs due to fears of difficulties posed by the Covid-19 pandemic even though recruitment needs have increased in March and April.

Civil Aviation Authority of Vietnam has sent an official document to the Airports Corporation of Vietnam about installing more lights to improve Con Dao Airport's capability, especially when travel demand is high.

Farmers in Phu My District, the chilli hub of Binh Dinh Province, are facing losses due to the falling prices of red chilli.